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  Exhibit 4.5    
    


THIS
CAPITAL SECURITY IS A GLOBAL CERTIFICATE WITHIN THE MEANING OF THE TRUST AGREEMENT HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST COMPANY (THE "DEPOSITARY") OR A
NOMINEE OF THE DEPOSITARY. THIS CAPITAL SECURITY IS EXCHANGEABLE FOR CAPITAL SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES
DESCRIBED IN THE TRUST AGREEMENT AND NO TRANSFER OF THIS CAPITAL SECURITY (OTHER THAN A TRANSFER OF THIS CAPITAL SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF
THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY) MAY BE REGISTERED EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 


UNLESS
THIS CAPITAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO TCF CAPITAL I OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CAPITAL
SECURITY ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY AND ANY PAYMENT HEREON IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY, ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY A PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 



			
	Certificate No.:	 	Number of Capital Securities:
	[•]	 	[•]





 Aggregate Liquidation Amount of Capital Securities: $[    •    ]  


 CUSIP No. [    •    ]  


 Certificate Evidencing Capital Securities  


 of  


 TCF Capital I  


 [    •    ]% Capital Securities, Series I  


 (Liquidation Amount $25 per Capital Security)  


        TCF Capital I, a statutory trust created under the laws of the State of Delaware (the "Trust"), hereby certifies that
Cede & Co. (the "Holder") is the registered owner of preferred securities in the aggregate liquidation amount of $[    •    ] of
the Trust representing an undivided beneficial ownership interest in the assets of the Trust and designated the TCF Capital I
[    •    ]% Capital Securities, Series I (liquidation amount $25 per Capital Security) (the "Capital Securities"). The Capital
Securities are transferable on the books and records of the Trust, in person or by a duly authorized attorney, upon surrender of this certificate duly endorsed and in proper form for transfer as
provided in Section 5.4 of the Trust Agreement (as defined below). The designations, rights, privileges, restrictions, preferences and other terms and provisions of the Capital Securities are
set forth in, and this certificate and the Capital Securities represented hereby are issued and shall in all respects be subject to, the terms and provisions of, the Amended and Restated Trust
Agreement of the Trust, dated as of August [    •    ], 2008, as the same may be amended from time to time (the "Trust Agreement"),
including the designation of the terms of Capital Securities as set forth therein. The Holder is entitled to the benefits of the Guarantee Agreement entered into by TCF Financial Corporation, a
Delaware corporation ("TCF"), and Wilmington Trust Company, a Delaware banking corporation ("Wilmington Trust Company"), as guarantee trustee, dated as of
August [    •    ], 2008, as amended from time to 










time
(the "Guarantee"), to the extent provided therein. The Trust will furnish a copy of the Trust Agreement and the Guarantee to the Holder without charge upon written request to the Trust at its
principal place of business or registered office. 


        Upon
receipt of this certificate, the Holder is bound by the Trust Agreement and is entitled to the benefits thereunder and by acceptance hereof agrees to the provisions of
(i) the Guarantee and (ii) the Indenture entered into by TCF and Wilmington Trust Company, as trustee, dated as of
August [    •    ], 2008 as amended or supplemented from time to time. 


        This
certificate shall be governed by and construed in accordance with the laws of the State of Delaware. 


[Balance
of page left intentionally blank] 








        IN
WITNESS WHEREOF, one of the Administrative Trustees of the Trust has executed this certificate. 



					
	 	 	TCF CAPITAL I
	

 	
 	

By:	
 	

  








	 	 	Name:  James S. Broucek

Title:    Administrative Trustee






This
is one of the Securities referred to in the within mentioned Trust Agreement. 


Date
of Authentication: 


August [    •    ],
2008 



					
	 WILMINGTON TRUST COMPANY,

as Property Trustee
	 	 
	

By:	
 	

  







	
 	

 
	 	 	Name:

Title:	 	 









 ASSIGNMENT  


        FOR VALUE RECEIVED, the undersigned assigns and transfers this Capital Security to: 


(Insert
assignee's social security or tax identification number) 


(Insert
address and zip code of assignee) 


and
irrevocably appoints 


agent
to transfer this Capital Securities Certificate on the books of the Trust. The agent may substitute another to act for him or her. 


Date:



Signature:



(Sign
exactly as your name appears on the other side of this Capital Security Certificate) 


        The
signature(s) should be guaranteed by an eligible guarantor institution (banks, stockbrokers, savings and loan associations and credit unions with membership in an approved signature
guarantee medallion program), pursuant to S.E.C. Rule 17Ad-15.1 











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Exhibit 4.5